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Debt Short-Term Borrowings and Long-Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Debt [Table Text Block] | Debt is composed of the following obligations.
($ in millions) | September 30, 2024 | December 31, 2023
Short-term debt: |  |
Local overdraft facilities | $ | 22.5 |  | 13.4 |
Other short-term borrowings | 77.1 |  | 134.5 |
Commercial paper, net of debt issuance costs of $2.0 and $— | 798.0 |  | — |
Total short-term debt, net of debt issuance costs | $ | 897.6 |  | 147.9 |
Credit facility, net of debt issuance costs of $12.2 and $14.4 | 332.8 |  | 610.6 |
Long-term senior notes, 1.96%, face amount of €175.0, due June 2027, net of debt issuance costs of $0.3 and $0.4 | 194.9 |  | 193.3 |
Long-term senior notes, 6.875%, face amount of $400.0, due December 2028, net of debt issuance costs of $6.0 and $7.1 | 394.0 |  | 392.9 |
Long-term senior notes, 2.21%, face amount of €175.0, due June 2029, net of debt issuance costs of $0.5 and $0.6 | 194.8 |  | 193.1 |
Total debt, net of debt issuance costs | $ | 2,014.1 |  | 1,537.8 |
Schedule of Credit Facility, Average Outstanding Amount [Table Text Block] | The following table provides additional information on our Facility, Uncommitted Facility and the Program, collectively.
| Three Months Ended September 30, | Nine Months Ended September 30,
($ in millions) | 2024 | 2023 | 2024 | 2023
Average outstanding borrowings | $ | 1,575.7 |  | 2,011.9 |  | $ | 1,446.6 |  | 2,017.0 |
Average effective interest rate | 5.9 | % | 6.1 | % | 6.1 | % | 5.8 | %

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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